Bank of India

Bank of India is a premier and one of the oldest commercial banks in India, with presence all over India as also in all time zones of the world. The Bank has a glorious history dating back to the early years of this century. The Bank was founded in September 1906 and has all along maintained a position of pride among the top 5 commercial banks in the country. In July 1969, Bank of India was nationalized alongwith 13 other large Indian commercial banks. Since then, the Bank has made enormous contribution to India's efforts towards agricultural and rural development, industrial diversification and modernization and export development. Keeping pace with financial sector reforms in India, the bank has ventured into Merchant Banking, Mutual Funds, Housing Finance, Custodial & Depository through it's subsidiaries

Brief History
Bank of India was founded on September 7, 1906 by a group of eminent businessmen from Mumbai. In July 1969 Bank of India was nationalized along with 13 other banks.

Beginning with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years. It has evolved into a mighty institution with a strong national presence and sizable international operations. In business volume, Bank of India occupies a premier position among the nationalized banks.

Presently, Bank of India has 2609 branches in India spread over all states/ union territories including 93 specialized branches. These branches are controlled through 48 Zonal Offices.

Bank of India has several firsts to its credit. The Bank has been the first among the nationalised banks to establish a fully computerised branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989. It pioneered the introduction of the Health Code System in 1982, for evaluating/ rating its credit portfolio. Bank of India was the first Indian Bank to open a branch outside the country, at London, in 1946, and also the first to open a branch in Europe, Paris in 1974. The Bank has sizable presence abroad, with a network of 23 branches (including three representative office ) at key banking and financial centres viz. London, New York, Paris, Tokyo, Hong-Kong, and Singapore.
                       Poducts & Services from Bank of India
Bank of India offers a comprehensive range of products and services to fulfil the needs of its individual as well as institutional clients that include the following:

# Deposits Products

 Saving Banks
  1. Star Suraksha SB Account
  2. Savings Bank Ordinary Account
  3. Basic Saving AC (No Frill)
  4. BOI Saving Plus Scheme
  5. BOI Super Saving Plus
  6. Star Diamond Saving Scheme
  7. Star Power Salary Account
  8. Jai Jawan Salary plus accounts

 Current Deposits
  1. Star Benefit CD Accounts
  2. Normal Current Deposit Scheme
  3. Current Deposit Plus Account
  4. BOI Super Current Plus Account
  5. Star Gold Current Account
  6. Star Diamond Current Account
  7. Star Diamond Plus Account

 Term Deposits
  1. Double Benefit Deposit
  2. Fixed Deposit Receipt
  3. Short Deposit Receipt
  4. Quarterly Income Certificate
  5. Monthly Income Certificate
  6. Recurring Deposit

 Tax Saving Deposit
  1. Star Sunidhi Tax-Saving Deposit Scheme
  2. Capital Gain Tax Saving Scheme

# Loan Products

 Personal Loan
   1. Star Mitra Presonal Loan
   2. Star Pensioner Loan Scheme
   3. Star Home Loans
   4. Star Holiday Loan Scheme
   5. Star Mortgage Loan Scheme
   6. Star Autofin
   7. Star Personal Loans
   8. Star IPO
   9. Star Education Loan 
 10. Star Mahila Gold Loan Scheme 
 11. Clean Loan/OD for financing Health Insurance Premium

 Agriculture & Priority Sector Loan
   1. Agri Clinics
   2. Cold Storage 
   3. Composit Cash Credit
   4. Crop Finance
   5. Farm Mechanisation
   6. Financing for Draught Animals & Carts
   7. Land Development
   8. Minor Irrigation
   9. Poultry Development 
 10. Purchase of Land 
 11. Rural Godowns
 12. BOI Shatabdi Krishi Vikas Card

   1.Star Channel Credit
   2.Services of External Rating Agencies
   3.Star Laghu Udyog Suvidha
   4. Energy Efficiency Projects 
   5. National Equity Fund
   6. Credit Linked Subsidy
   7. Akshya Urja Shops
   8. Artisan Credit Card
   9. KVIC (REGP) Scheme 
 10. Priyadarshini Yojana 
 11. Solar Water Heaters
 12. Star Dhanvanatri Suvidha Scheme
 14. Laghu Udyami Trade Card

 Commercial Loans
  1. Bullion Banking
  2. Export Finance 
  3. Channel Credit 
  4. Discount Future Cash Flows 
  5. Foreign Currency Swing Limits
  6. Exporters' Gold Card
  7. Traders
  8. Dual Currency Swing Limit

 Trade Finance
  1. Bill Finance 
  2. Bank Guarantee

# NRI Schemes 
   1. Housing Loans to NRIs/PIOs 
   2. NRI Deposit Schemes 
   3. NRI -Yield Enhancing Scheme
   4. Foreign Currency Deposit Scheme

# Cards
  1. Debit Card 
  2. Credit Card

For more information about Bank of Baroda please see there website (Official website)